WTTR - Select Energy Services Inc Stock Price, Fair Value and News

9.35USD-0.04 (-0.43%)Market Closed

Market Summary

USD9.35-0.04

Market Closed

-0.43%

WTTR Stock Price

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WTTR RSI Chart

WTTR Valuation

Market Cap

975.8M

Price/Earnings (Trailing)

13.11

Price/Sales (Trailing)

0.62

EV/EBITDA

33.42

Price/Free Cashflow

6.53

WTTR Price/Sales (Trailing)

WTTR Profitability

Operating Margin

14.61%

EBT Margin

1.31%

Return on Equity

9.63%

Return on Assets

6.11%

Free Cashflow Yield

15.32%

WTTR Fundamentals

WTTR Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

-1.79%

Rev. Growth (Qtr)

-3.7%

WTTR Earnings

Earnings (TTM)

74.4M

Earnings Growth (Yr)

260.77%

Earnings Growth (Qtr)

92.35%

Breaking Down WTTR Revenue

Last 7 days

4.3%

Last 30 days

2.6%

Last 90 days

27.1%

Trailing 12 Months

25.2%

How does WTTR drawdown profile look like?

WTTR Financial Health

Current Ratio

2.15

Debt/Equity

0.07

Debt/Cashflow

4.39

WTTR Investor Care

Shares Dilution (1Y)

5.93%

Diluted EPS (TTM)

0.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.5B	1.6B	1.6B	1.6B
2022	915.6M	1.1B	1.3B	1.4B
2021	470.6M	539.4M	642.8M	764.6M
2020	1.2B	975.6M	747.9M	605.1M
2019	1.5B	1.4B	1.4B	1.3B
2018	969.0M	1.2B	1.5B	1.5B
2017	380.4M	536.5M	614.5M	692.5M
2016	477.3M	419.0M	360.7M	302.4M
2015	0	0	0	535.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Select Energy Services Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 20, 2024	skarke michael	sold (taxes)	-81,238	9.08	-8,947	evp, coo
Mar 20, 2024	george christopher kile	sold (taxes)	-30,300	9.08	-3,337	evp and cfo
Mar 20, 2024	george christopher kile	acquired	-	-	10,313	evp and cfo
Mar 20, 2024	schmitz john	sold (taxes)	-426,043	9.08	-46,921	president/ceo
Mar 20, 2024	schmitz john	acquired	-	-	119,238	president/ceo
Mar 20, 2024	ortowski cody	acquired	-	-	35,105	evp, business strategy
Mar 20, 2024	ortowski cody	sold (taxes)	-77,624	9.08	-8,549	evp, business strategy
Mar 20, 2024	skarke michael	acquired	-	-	25,308	evp, coo
Mar 20, 2024	szymanski brian	acquired	-	-	13,922	chief accounting officer
Mar 20, 2024	szymanski brian	sold (taxes)	-55,751	9.08	-6,140	chief accounting officer

Which funds bought or sold WTTR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-66.68	-34,000	23,000	-%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	added	18.03	369,823	1,219,440	0.02%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-16,207	341,694	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-4.08	56,538	396,069	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	428	1,073,310	1,271,050	-%
Apr 19, 2024	Mesirow Financial Investment Management, Inc.	reduced	-23.19	-1,143	228,239	1.14%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	sold off	-100	-584	-	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	2,000	13,000	-%
Apr 17, 2024	Stanley-Laman Group, Ltd.	added	1.77	544,079	2,833,690	0.40%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-1.12	24,691	146,655	-%

Are Funds Buying or Selling WTTR?

Are funds buying WTTR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WTTR

No. of Funds

Unveiling Select Energy Services Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.23%	5,430,909	SC 13G
Feb 09, 2024	dimensional fund advisors lp	5.8%	6,031,868	SC 13G
Jan 26, 2024	blackrock inc.	7.6%	7,880,868	SC 13G/A
Nov 08, 2023	b-29 gp, llc	4.55%	4,725,128	SC 13D/A
Oct 04, 2023	scf gp llc	0%	0	SC 13D/A
Feb 14, 2023	crestview partners ii gp, l.p.	17.6%	20,120,296	SC 13G/A
Feb 07, 2023	blackrock inc.	5.7%	6,195,827	SC 13G/A
Dec 16, 2022	scf gp llc	5.8%	5,713,442	SC 13D/A
Feb 11, 2022	crestview partners ii gp, l.p.	18.2%	20,101,443	SC 13G/A
Feb 07, 2022	blackrock inc.	5.6%	5,279,474	SC 13G/A

Recent SEC filings of Select Energy Services Inc

View All Filings

Date Filed	Form Type	Document
Apr 10, 2024	144	Notice of Insider Sale Intent
Mar 27, 2024	ARS	ARS
Mar 27, 2024	DEF 14A	DEF 14A
Mar 27, 2024	DEFA14A	DEFA14A
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading

Select Energy Services Inc News

Latest updates

Select Energy Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-3.7%	374,860	389,273	404,628	416,592	381,676	375,072	335,903	294,769	255,128	204,633	161,117	143,742	133,339	101,242	92,239	278,285	276,088	328,968	323,887	362,646	362,318
Cost Of Revenue	-3.8%	320,302	333,008	343,454	356,927	340,105	316,232	300,241	270,087	237,219	195,648	162,754	148,139	137,281	118,142	115,958	262,989	254,278	287,974	283,948	316,649	327,910
Gross Profit	-3.0%	54,558	56,265	61,174	59,665	41,571	58,840	35,662	24,682	17,909	8,985	-1,637	-4,397	-3,942	-16,900	-23,719	15,296	21,810	40,994	39,939	45,997	34,408
Operating Expenses	21.1%	47,853	39,515	35,439	47,666	34,829	30,408	27,383	28,973	26,257	22,760	16,736	20,647	17,987	17,312	24,086	306,127	29,023	28,519	28,760	39,364	48,390
S&GA Expenses	19.0%	46,401	38,983	34,335	35,829	34,143	29,782	26,695	28,315	25,248	22,044	15,890	19,894	15,462	15,955	17,658	25,289	24,669	27,280	27,297	32,376	25,494
EBITDA Margin	-60.6%	0.02*	0.04*	0.05*	0.05*	0.04*	0.05*	0.02*	-0.01*	-0.06*	-0.12*	-0.19*	-0.29*	-	-	-	-	-	-	-	-	-
Interest Expenses	-86.5%	103	765	2,042	1,483	870	616	494	720	457	419	400	435	503	789	513	331	318	438	839	1,093	1,496
Income Taxes	-12784.1%	-61,264	483	387	198	285	276	182	214	358	-32.00	84.00	-263	-981	-201	-130	-164	-1,301	2,501	571	178	-323
Earnings Before Taxes	-299.9%	-33,541	16,775	23,320	14,269	8,193	25,211	14,992	8,328	11,663	-14,107	-19,531	-27,684	-22,189	-36,461	-53,174	-291,384	-13,805	9,673	8,639	1,578	-18,445
EBT Margin	-66.6%	0.01*	0.04*	0.04*	0.04*	0.04*	0.05*	0.02*	-0.01*	-0.06*	-0.13*	-0.20*	-0.30*	-	-	-	-	-	-	-	-	-
Net Income	92.4%	27,595	14,346	20,115	12,347	7,649	21,324	12,503	6,802	9,493	-12,044	-16,567	-23,107	-17,983	-30,541	-44,298	-245,862	-9,930	5,379	6,200	1,135	-13,501
Net Income Margin	37.2%	0.05*	0.03*	0.04*	0.04*	0.03*	0.04*	0.02*	-0.01*	-0.06*	-0.11*	-0.16*	-0.25*	-	-	-	-	-	-	-	-	-
Free Cashflow	-40.1%	49,728	83,047	62,615	-45,901	14,269	-14,478	-4,431	-34,013	-12,421	-18,931	-16,483	-8,407	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.0%	1,218	1,182	1,227	1,285	1,223	1,072	1,044	1,012	950	868	840	859	875	881	911	1,027	1,348	1,377	1,377	1,412	1,361
Current Assets	-3.4%	454	470	521	580	518	480	437	398	395	356	356	356	352	332	334	408	416	425	421	434	432
Cash Equivalents	127.9%	57.00	25.00	11.00	6.00	7.00	13.00	26.00	27.00	86.00	107	144	160	169	185	166	114	79.00	43.00	24.00	16.00	17.00
Inventory	-13.9%	39.00	45.00	43.00	41.00	41.00	40.00	39.00	43.00	44.00	38.00	39.00	34.00	33.00	34.00	38.00	39.00	38.00	40.00	40.00	43.00	45.00
Net PPE	-1.1%	518	523	511	515	500	427	439	440	392	343	318	333	350	370	393	426	453	467	468	490	503
Goodwill	-0.4%	5.00	5.00	5.00	-	-	-	-	-	-	-	-	-	1.00	-	-	-	267	267	267	267	274
Liabilities	7.4%	326	303	363	402	339	303	303	289	255	199	179	181	169	155	152	211	235	251	250	297	250
Current Liabilities	-4.1%	212	221	208	237	231	210	206	186	162	112	102	103	89.00	78.00	75.00	132	152	166	164	194	180
Long Term Debt	-	-	-	65.00	76.00	16.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25.00	45.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00
LT Debt, Non Current	-	-	-	65.00	76.00	16.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25.00	45.00
Shareholder's Equity	1.7%	772	759	864	883	766	769	741	723	695	669	661	678	706	725	760	816	1,113	1,126	1,127	1,115	1,111
Retained Earnings	10.4%	-236	-264	-278	-298	-311	-318	-340	-352	-359	-368	-356	-340	-317	-299	-268	-224	21.00	31.00	26.00	20.00	19.00
Additional Paid-In Capital	-1.4%	1,008	1,022	1,023	1,063	1,076	977	974	971	950	936	913	911	909	908	906	910	915	893	822	819	814
Accumulated Depreciation	-0.1%	627	628	609	598	584	591	574	557	552	550	541	537	529	538	537	560	563	618	603	595	612
Shares Outstanding	-100.0%	-	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	-	-	-	-	-	-	-	-
Minority Interest	-0.1%	120	120	118	118	118	110	106	104	103	101	104	107	113	116	121	129	176	200	278	276	278
Float	-	-	-	755	-	-	-	489	-	-	-	377	-	-	-	284	-	-	-	685	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-29.6%	83,193	118,213	101,965	-18,016	35,338	5,361	11,082	-18,550	-2,352	-2,457	-7,566	-3,873	-14,018	17,095	56,022	46,711	61,732	67,481	38,148	36,587	107,779
Share Based Compensation	-8.6%	4,582	5,014	4,809	2,964	4,547	3,804	3,944	3,275	3,221	2,302	2,524	1,422	1,706	2,242	1,242	574	3,611	3,566	4,129	4,179	2,341
Cashflow From Investing	4.0%	-32,229	-33,587	-40,773	-30,579	-23,753	-17,605	-11,797	-91.00	-19,197	-33,768	-7,273	-4,218	-2,344	2,200	236	-5,485	-20,159	-36,142	-4,403	-16,653	-66,271
Cashflow From Financing	73.0%	-18,925	-70,142	-56,660	47,304	-17,487	-267	-929	-39,768	-67.00	-68.00	-1,472	-935	-87.00	-291	-4,041	-6,291	-5,307	-12,149	-25,639	-21,595	-37,124
Dividend Payments	20.5%	7,017	5,821	5,880	6,206	5,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	4214.5%	11,865	275	38,695	10,935	243	271	788	18,908	-	-	332	874	-	238	4,002	6,636	5,199	11,885	300	1,216	15,685

WTTR Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 1,585,353	$ 1,387,420	$ 764,620
Costs of revenue
Depreciation and amortization	138,813	113,507	90,028
Total costs of revenue	1,353,691	1,226,665	743,760
Gross profit	231,662	160,755	20,860
Operating expenses
Selling, general and administrative	155,548	118,935	83,076
Depreciation and amortization	2,276	2,209	2,430
Impairments and abandonments	12,607
Lease abandonment costs	42	449	894
Total operating expenses	170,473	121,593	86,400
Income (loss) from operations	61,189	39,162	(65,540)
Other income (expense)
(Loss) gain on sales of property and equipment and divestitures, net	(210)	2,192	(2,068)
Interest expense, net	(4,393)	(2,700)	(1,711)
Bargain purchase gain		13,352	18,985
Tax receivable agreements expense	(38,187)
Other	2,424	4,718	675
Income (loss) before income tax benefit (expense)	20,823	56,724	(49,659)
Income tax benefit (expense)	60,196	(957)	(147)
Equity in losses of unconsolidated entities	(1,800)	(913)	(279)
Net income (loss)	79,219	54,854	(50,085)
Less: net (income) loss attributable to noncontrolling interests	(4,816)	(6,576)	7,860
Net income (loss) attributable to Select Water Solutions, Inc.	74,403	48,278	(42,225)
Water Services
Revenue
Total revenue	1,032,896	944,497	503,368
Costs of revenue
Costs of revenue	814,609	764,569	436,492
Water Infrastructure
Revenue
Total revenue	229,970	125,284	45,496
Costs of revenue
Costs of revenue	138,191	82,941	26,125
Chemical Technologies
Revenue
Total revenue	322,487	317,639	215,756
Costs of revenue
Costs of revenue	262,078	265,648	191,115
Class A common stock
Other income (expense)
Net income (loss) attributable to Select Water Solutions, Inc.	$ 74,403	$ 48,278	$ (42,225)
Net income (loss) per share attributable to common stockholders (Note 17):
Basic	$ 0.73	$ 0.51	$ (0.48)
Diluted	$ 0.72	$ 0.50	$ (0.48)

WTTR Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 57,083	$ 7,322
Inventories	38,653	41,164
Prepaid expenses and other current assets	35,541	34,380
Total current assets	454,059	517,936
Property and equipment	1,144,989	1,084,005
Accumulated depreciation	(627,408)	(584,451)
Total property and equipment, net	517,581	499,554
Right-of-use assets, net	39,504	47,662
Goodwill	4,683
Other intangible assets, net	116,189	138,800
Deferred tax assets	61,617
Other long-term assets, net	24,557	18,901
Total assets	1,218,190	1,222,853
Current liabilities
Accounts payable	42,582	61,539
Accrued accounts payable	66,182	67,462
Accrued salaries and benefits	28,401	28,686
Accrued insurance	19,720	26,180
Sales tax payable	1,397	3,056
Tax receivable agreements liabilities	469
Accrued expenses and other current liabilities	33,511	23,292
Current operating lease liabilities	15,005	17,751
Current portion of finance lease obligations	194	19
Total current liabilities	211,547	231,290
Tax receivable agreements liabilities	37,718
Long-term operating lease liabilities	37,799	46,388
Long-term debt		16,000
Other long-term liabilities	38,954	45,447
Total liabilities	326,018	339,125
Commitments and contingencies (Note 11)
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and December 31, 2022
Additional paid-in capital	1,008,095	1,075,915
Accumulated deficit	(236,791)	(311,194)
Total stockholders' equity	772,488	765,977
Noncontrolling interests	119,684	117,751
Total equity	892,172	883,728
Total liabilities and equity	1,218,190	1,222,853
Nonrelated Party
Current assets
Accounts receivable	322,611	429,983
Related Party
Current assets
Accounts receivable	171	5,087
Current liabilities
Accounts payable and accrued expenses, related parties	4,086	3,305
Class A common stock
Current liabilities
Common stock	1,022	1,094
Class A-2 Common Stock
Current liabilities
Common stock	0	0
Class B common stock
Current liabilities
Common stock	$ 162	$ 162

About Select Energy Services Inc

Select Water Solutions, Inc., an oilfield services company, provides water management and chemical solutions to the onshore oil and gas industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Oilfield Chemicals. The Water Services segment provides water-related services, including water transfer, flow back and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various on-site rental equipment and workforce accommodation services. The Water Infrastructure segment develops, builds, and operates semi-permanent and permanent pipeline infrastructure solutions to support oil and gas well development. The Oilfield Chemicals segment develops, manufactures, and provides a suite of chemicals, water treatment solutions, and services used in hydraulic fracturing, stimulation, cementing, production, pipelines, and well completions, polymers, including viscosity, crosslinkers, friction reducers, surfactants, buffers, breakers, and other chemical technologies to pressure pumping service companies. This segment also offers production chemical solutions for underperforming wells, corrosion and scale monitoring, chemical inventory management, well failure analysis, and lab services. The company was formerly known as Select Energy Services, Inc. and changed its name to Select Water Solutions, Inc. in May 2023. Select Water Solutions, Inc. was incorporated in 2016 and is headquartered in Houston, Texas.

CEO	Mr. John D. Schmitz
WEBSITE	selectenergy.com
INDUSTRY	Chemicals
EMPLOYEES	4000

Select Energy Services Inc Frequently Asked Questions

What is the ticker symbol for Select Energy Services Inc? What does WTTR stand for in stocks?

WTTR is the stock ticker symbol of Select Energy Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Select Energy Services Inc (WTTR)?

As of Tue Apr 23 2024, market cap of Select Energy Services Inc is 975.78 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WTTR stock?

You can check WTTR's fair value in chart for subscribers.

What is the fair value of WTTR stock?

You can check WTTR's fair value in chart for subscribers. The fair value of Select Energy Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Select Energy Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WTTR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Select Energy Services Inc a good stock to buy?

The fair value guage provides a quick view whether WTTR is over valued or under valued. Whether Select Energy Services Inc is cheap or expensive depends on the assumptions which impact Select Energy Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WTTR.

What is Select Energy Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, WTTR's PE ratio (Price to Earnings) is 13.11 and Price to Sales (PS) ratio is 0.62. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WTTR PE ratio will change depending on the future growth rate expectations of investors.